Goodman expands long-term partnership with Amazon in France with an additional 137,000 sqm of logistics space

Wednesday, 5 October 2016

Goodman Group, a global leading owner, developer and manager of logistics real estate, strengthens its partnership with Amazon with the take-up of 137,000 sqm of space across two logistics properties in the Hauts-de-France region. Goodman has already provided Amazon with over one million sqm of logistics space across Europe since 2006. As part of this new project, Goodman will develop a 107,000 sqm logistics centre in Amiens and lease a 30,000 sqm existing property in Lauwin-Planque.

The new logistics centre in Amiens, located between Lille and Paris, will provide 107,000 sqm of storage and office space and will feature LED lighting throughout. Construction work commences in early October and Goodman will seek a BREEAM Very Good certification upon completion in September 2017.

“Goodman has proven to be a strong and reliable real estate partner—being creative and proactive in meeting all our requirements—so Amazon can strengthen its logistics network in France and continue to enhance its services to customers,” explained Nicholas Deeks, Amazon EU Real Estate Director.

“Amazon is one of our largest customers globally and we are proud to continue a collaboration that has lasted for more than ten years,” said Philippe Arfi, Goodman Country Director for France. “This announcement is another milestone in our partnership and reaffirms our position as the leading provider of logistics real estate for the ecommerce sector.”

Amazon extends leases for two properties
Earlier this year, Amazon renewed its lease agreements for logistics centres in Saran and Montélimar in France, which together represent 106,000 sqm. Both properties are owned by Goodman’s flagship European investment vehicle, Goodman European Partnership (GEP), and benefit from Goodman's in house property and asset management services.

“The agreements on the two lease extensions underscore the quality, flexibility and long-term value of the property solutions and services we provide our customers, even in rapidly evolving sectors such as ecommerce,” Arfi added.

About Goodman
Goodman is an integrated property group that owns, develops and manages logistics and business space across Continental Europe, the United Kingdom, the Asia-Pacific region, North America and Brazil. The Group invests in industrial estates and warehouse and distribution centres.

Goodman also offers a range of listed and unlisted investment vehicles, including its flagship European managed partnership: Goodman European Partnership (GEP), (recent rebrand of the Goodman European Logistics Fund). Through prudent investment management, quality assets and active property management, the Partnership provides its capital partners with stable income returns derived from investments in logistics assets.

With total assets under management of €23 billion and 412 properties under management, Goodman is the largest industrial listed property group on the Australian Securities Exchange, and one of the largest listed specialist fund managers globally. Its market insight and dedicated local teams create sound investment opportunities and develop properties and environments that meet each client’s individual requirements.

With more than 1,100 staff in 16 countries and 33 offices, Goodman has the global reach to meet customers’ needs as their businesses expand or evolve. In Europe, Goodman is present in Germany, the Netherlands, Belgium, Luxembourg, France, Spain, Italy, Poland, Czech Republic, Hungary, Slovakia, Sweden and the UK.